Property Overview: Used Apartment in Kakogawa, Hyogo
This is a used condominium unit located in Noguchi-cho, Noguchi, Kakogawa City, Hyogo Prefecture. The property is situated on the third floor of a four-story reinforced concrete building constructed in November 1971. The unit offers a 1DK layout with a floor area of 50.17 square meters (measured from wall center). The main balcony faces south, providing good daylight exposure.
The property underwent a renovation in December 2021 which included the kitchen, bathroom, toilet, washbasin, and water heater. Interior renovations from the same date cover the flooring (including flooring materials), wallpaper replacement in all rooms, interior doors, walls, and ceilings. The kitchen is an independent type.
Monthly management fees are 2,500 yen, and the repair reserve fund is also 2,500 yen per month. Parking is available for 3,000 yen per month. The property is currently tenanted, with an annual expected rental income of 516,000 yen, giving a gross yield of approximately 16%. Annual fixed asset tax is approximately 35,000 yen, with reserve funds totaling 60,000 yen per year. Pets are not allowed. There is no elevator in the building.
Access to the property involves a 24-minute walk from Higashi-Kakogawa Station on the JR Kobe Line. Nearby conveniences include a MaxValu supermarket, Ion Town Noguchi Shopping Center, and a FamilyMart convenience store, all within walking distance.
